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! Required information [ The following information applies to the questions displayed below. ] Raner, Harris and Chan is a consulting firm specializing in information
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The following information applies to the questions displayed below.
Raner, Harris and Chan is a consulting firm specializing in information systems for medical and dental clinics. The firm has two officesone in Chicago and one in Minneapolis. It classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given below:
tabletableSalesVariable expensesContribution marginTraceable fixed expensesTotal Company,OfficeMinnt,olis$table
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